Isooctanol prices fluctuated and consolidated in June 

According to the Commodity Market Analysis System of SunSirs, as of June 30th, the price of isooctanol was 7,550 RMB/ton, which stabilized compared to the price of 7,550 RMB/ton on June 1st. In June, the price of isooctanol fluctuated and consolidated, with many isooctanol enterprises undergoing maintenance, resulting in a decrease in the operating rate of isooctanol equipment, a reduction in isooctanol production, and a decrease in isooctanol supply; Downstream plasticizer companies saw a decrease in production, leading to a decrease in demand for isooctanol and a double drop in supply and demand. As a result, the price of isooctanol fluctuated and stabilized.

Downstream plasticizer DOP prices fluctuated and consolidated

According to the Commodity Market Analysis System of SunSirs, as of June 30th, the DOP price was 8,259.17 RMB/ton, fluctuating and consolidating compared to the June 1st DOP price of 8,250.83 RMB/ton, with an increase of 0.10%. In June, DOP production decreased, and the operating rate of the plasticizer industry dropped below 60%. DOP prices remained stable at a high level, resulting in a decrease in plasticizer production. The price of raw material isooctanol fluctuated and stabilized, while phthalic anhydride prices fluctuated and fell. The cost support for plasticizers decreased, and plasticizer prices fluctuated and stabilized.

Market outlook

According to the isooctanol data analyst of SunSirs, in terms of demand, the equipment operation of plasticizer enterprises decreased, the production of plasticizers decreased, the demand for isooctanol was weak, and the support for isooctanol had weakened; In terms of supply, the operating rate of isooctanol enterprises decreased to about 80%, resulting in a decrease in production and supply of isooctanol. In the future, with reduced supply and weak demand, the price of isooctanol will fluctuate and consolidate.

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